OFLX Omega Flex dividend history, payout ratio & dates
Omega Flex's most recent dividend of $0.34 per share was on Sep 26, 2024 (ex-date). At an annualized rate of $1.34 per share, the stock yields 2.69%.
Key dates
- OFLX last dividend date: Sep 26, 2024
OFLX dividend stats
vs. Industrials sector
Dividend yield
Omega Flex's dividend yield of 2.69% is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 1.41%, Omega Flex's dividend yield is 91% higher. Historically OFLX's dividend yield has averaged at 1.9% in the last 5 years, which is lower than the current one.
Dividend history
Omega Flex has a dividend history dating as far as 2006, but when it comes to recent years the company has recorded 12 consecutive years of dividend payments. Our records of OFLX show that the company has issued four dividends in the last twelve months. The annualized DPS has decreased by 17% for the last year. However since the stock price has gone down by 32% from a year ago, the dividend yield has increased by 22%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 26, 2024 | $0.34 | 2.63% |
| Jun 26, 2024 | $0.34 | 2.66% |
| Apr 9, 2024 | $0.33 | 1.86% |
| Dec 18, 2023 | $0.33 | 1.6% |
| Sep 22, 2023 | $0.33 | 2.04% |
| Jun 23, 2023 | $0.33 | 1.23% |
| Apr 6, 2023 | $0.32 | 1.23% |
| Dec 16, 2022 | $0.32 | 1.23% |
| Oct 11, 2022 | $0.32 | 1.33% |
| Jun 23, 2022 | $0.32 | 1.14% |
| Apr 8, 2022 | $0.3 | 0.92% |
| Dec 20, 2021 | $0.3 | 1.03% |
| Sep 24, 2021 | $0.3 | 0.79% |
| Jun 21, 2021 | $0.3 | 0.76% |
| Apr 1, 2021 | $0.28 | 0.72% |
| Dec 18, 2020 | $0.28 | 0.65% |
| Oct 2, 2020 | $0.28 | 2.89% |
| Jul 2, 2020 | $0.28 | 4.56% |
| Apr 9, 2020 | $0.28 | 5.51% |
| Dec 24, 2019 | $3.5 | 4.11% |
| Dec 23, 2019 | $0.28 | 0.93% |
| Sep 19, 2019 | $0.28 | 1.08% |
| Jun 21, 2019 | $0.28 | 1.24% |
| Apr 18, 2019 | $0.24 | 1.11% |
| Dec 21, 2018 | $0.24 | 1.78% |
| Sep 20, 2018 | $0.24 | 1.28% |
| Jun 15, 2018 | $0.24 | 1.29% |
| Apr 20, 2018 | $0.22 | 1.34% |
| Dec 22, 2017 | $0.22 | 0.92% |
| Sep 21, 2017 | $0.22 | 1.88% |
| Jun 16, 2017 | $0.22 | 1.65% |
| Dec 21, 2016 | $0.85 | 1.51% |
| Dec 17, 2015 | $0.85 | 2.18% |
Omega Flex dividend payout ratio
Payout ratio
Omega Flex's payout ratio of 70.2% is above the Industrials sector and the industry average. Compared to its Industrials sector average of 30.9%, Omega Flex's payout ratio is 127% higher.
Total amount of dividends paid per financial year (from cash flow)
OFLX dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| OFLX Omega Flex Inc | 2.72% | $1.34 | 70.2% |
| PKOH Park Ohio Holdings Corp | 1.73% | $0.5 | 35.2% |
| PH Parker Hannifin Corp | 1% | $6.22 | 28.1% |
Frequently asked questions
Does Omega Flex pay a dividend?
Yes, Omega Flex has been paying dividends for the last 12 years.
When was OFLX's last dividend?
Omega Flex's last dividend ex-date was on Sep 26, 2024. The dividend amount was $0.34 per share.
How much dividend does Omega Flex pay (per share)?
OFLX's annualized dividend per share is $1.34.
What is Omega Flex's dividend yield?
Currently Omega Flex's dividend yield is 2.69%.
How often does Omega Flex pay dividends?
Omega Flex pays dividends quarterly.
What is Omega Flex's dividend payout ratio?
The dividend payout ratio of Omega Flex is 70.2%.
Does Omega Flex pay a good dividend?
Omega Flex's dividend yield is higher than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.